Annual Report 2006 - Venture Corporation Limited

notes to financial statements
December 31, 2006
11 INVESTMENTS IN SUBSIDIARIES (Cont’d)
Name of
Subsidiaries
Country of
Incorporation
and Operation
Proportion of
Ownership
Cost of
Investment
Interest and
Voting Power Held Principal Activities
2006 2005 2006 2005
$’000 $’000 % %
Venture Hungary
Electronics Manufacturing
Limited Liability Company
(95% owned by Venture
Electronics (Europe),
B.V. and 5% owned by
Cebelian Holdings
Pte Ltd) (4) Hungary - - 100 100 Design, manufacture,
assemble and distribute
electronic products
Venture Electronics Spain
S.L. (wholly-owned
subsidiary of Venture
Electronics
(Europe), B.V.) (4) Spain - - 100 100 Manufacture, design,
engineering,
customisation and
logistic services
Venture Electronics
(Shanghai) Co., Ltd
(wholly-owned
subsidiary of Cebelian
Holdings Pte Ltd) (1)
People’s
Republic
of China
- - 100 100 Trading in and
manufacturing of
electronic and
computer-related products
VM Services, Inc.
(wholly-owned
subsidiary of Cebelian
Holdings Pte Ltd) (4)
United States
of America
- - 100 100 Trading in and
manufacturing of
electronic and
computer-related products
Venture Electronics
International, Inc.
(wholly-owned
subsidiary of VM
Services, Inc.) (4)
United States
of America
- - 100 100 Manufacture, design,
engineering,
customisation and
logistic services
Venture Design Services,
Inc. (wholly-owned
subsidiary of VM
Services, Inc.) (4)
United States
of America
- - 100 100 Trading and manufacturing
of electronics and
computer-related products,
provision of engineering,
customisation, logistics
and repair services
VIPColor Technologies
Pte Ltd (a subsidiary of
Cebelian Holdings
Pte Ltd)
Singapore - - 93.8 93.8 Develop and market
colour imaging
products for label
printing
annual report 2006
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